Section 25401 of the California Corporations Code, which was modeled on Section 12(a)(2) of the Securities Act of 1933, provides:
What Type Of Crime Is Securities Fraud In California?
Posted on January 19, 2021
Criminal Conviction Of De Facto Officer Does Not Preclude D&O Coverage
Posted on April 10, 2017
After a two week trial in 2013, a jury convicted Mitchell J. Stein, a lawyer, of mail, wire, and securities fraud based on evidence that he fabricated press releases and purchase orders to inflate the stock price of his client Signalife, Inc., a...